08.07.11- Sage Parts acquires T123 and enhances parts availability for GSE operations
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Sage Parts acquires T123 and enhances parts availability for GSE operations throughout Europe and beyond
Melville, New York, July 12, 2011. Sage Parts, the world’s leading supplier of replacement parts
for ground support equipment, has announced the acquisition of T123, a leading supplier of GSE
parts in Europe, based in Lancashire, England. This operation is a new major milestone step in
the implementation of Sage Parts business strategy of bringing parts and parts-related services
closer to their point of use worldwide.
“Our acquisition of T123 combines our already strong intercontinental capabilities...which
include Sage airport locations in Amsterdam, Paris and Hong Kong...with T123’s longestablished
presence throughout the United Kingdom and Ireland. This combination creates the
largest provider of GSE parts in Europe” said Mark Pollack, Sage Parts President and CEO.
“This will further strengthen our capacity to offer customers the advantages of unmatched parts
availability and rapid delivery via an extensive distribution and support network stretching
throughout Europe...”
To download the full Sage press release
click here
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05.05.11- T123 announce appointment as parts distributor for Deutz
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“T123 are pleased to announce our appointment as parts distributor for Deutz for the aviation ground support sector in the UK and Ireland.
Managing director Brian Sneyd commented “… this is an excellent synergy for us, we already provide class leading logistic support to the industry.
We offer original equipment parts for all makes of GSE equipment on a same day basis from our 25 stocking points in UK and Ireland,
significantly reducing down time and total cost of ownership for airport based fleets”
Deutz is the leading engine supplier in this field and T123 is the largest GSE parts provider in Europe.
For further information, email us at
logistics@t123.eu
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25.03.11- T123 Opens in Dublin Depot
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We are pleased to open our first non UK airport depot.
The depot based inside Dublin Airport will provide specialist GSE parts to airport ground support equipment operators and service companies from stock.
Our dedicated GSE specialist is available to help source and deliver all parts and service items for any GSE equipment.
For further information, email us at
logistics@t123.eu
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25.10.10- T123 Invests in new ERP system
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Work is progressing well on the implementation of the new T123 IT system provided by MAM Autopart of Sheffield UK.
The state of the art Fujitsu servers will be installed at the end of October and work is already progressing on the data upload files and
software installation routines.
The new system will give increased functionality to T123 HQ and branches and consists of a single ERP platform rather than the separate SOP,
finance and reporting systems currently employed. Benefits include, faster processing, reduced number of servers and significantly
more user friendly operating tools. T123 expect the installation to be complete and roll out to depots in late December.
For more information or to order ground support equipment parts on-line please visit our website at
www.t123gse.com
For further information, contact Donna Bamber at T123 Ltd on 01772 647770.
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06.07.10- T123 has major new cash injection
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“T123 is pleased to announce a major new cash injection into the business following the ending of a stores and inventory management contract with VT Critical Services. In August 2010 T123 will hand back the stores management and supply contract to VT Critical Services in return for a repurchase of 22,000 inventory lines currently funded by T123.
The change is significant for T123 as it will enable the business to reduce borrowings and improve financial gearing significantly. T123 will continue to Supply VT Critical services with key ground support equipment parts from its central distribution warehouse and regional airport depots.
T123 is the largest supplier of specialist GSE parts in Europe serving Ground Support Equipment companies, Airlines, Airports and service workshops in the UK and Europe. “
For more information or to order ground support equipment parts on-line please visit our website at
www.t123gse.com
For further information, contact Donna Bamber at T123 Ltd on 01772 647770.
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20.10.09 - T123 Secures TCR (UK) Ltd Supply Chain Contract
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T123 Ltd is pleased to announce that they have secured a 3.5 year deal with TCR (UK) Ltd to manage their supply chain for ground support equipment parts in the UK.
TCR (UK) Ltd, a subsidiary of TCR Group is a leading provider of turnkey solutions for aviation GSE, offering expertise in rental, repair and maintenance, fleet management and pooling.
The conclusion of this deal secures T123 Ltd’s position as the market leader in Europe for the supply of ground support equipment parts.
For more information or to order ground support equipment parts on-line please visit our website at
www.t123gse.com
For further information, contact Donna Bamber at T123 Ltd on 01772 647770.
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09.09.09 - T123 are pleased to announce our annual results for the year ending 30 April 2009
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T123 commenced trading on the 29th April 2008, having successfully acquired the assets of Multipart FleetServe through a management buyout. In our first year of operation the company achieved substantial recognition of the newly created T123 brand across broad industry sectors and markets.
Our Employees, Managers and Directors have worked tirelessly to produce an excellent trading result in difficult market conditions.
During this period T123 Ltd generated a pre tax profit of £8027, we also reduced our borrowings and strengthened our balance sheet, in a year which included significant one-time costs associated with the head office move and business set up.
In July 2008 the business relocated to a modern HQ and warehouse at the heart of the UK motorway network for ease of distribution. Furthermore, the business has now become self sufficient for
IT, HR and Finance functions, whereas these were previously supported by group departments at Multipart.
Last year we saw each of our market sectors affected by the current economic conditions. However, by offering our services in industries with differing market cycles, T123 successfully mitigated many of the downturns experienced during the last 12 months. Furthermore, in December 2008 we took the difficult decision to reduce costs and headcount within our business and create a leaner fitter T123. Today we are better able to withstand the turmoil of the current economic cycle and have improved our competitiveness when bidding for new business.
During our first year and into our new business year, T123 continues to strengthen market position within the GSE and Local Government Sectors. New customers including airlines, ground support equipment companies and airport operators have all started to trade with T123. In February 2009 we launched our new internet trading portal at www T123GSE.com which has attracted new customers in Ireland, Scandinavia, Europe and the Middle East. In April 2009 we were in selected by Lancashire County Council to supply vehicle parts to five North West based workshops for 2 year period. In May 2009 we were awarded a three and a half year contract to provide parts on an exclusive basis to the leading global GSE equipment rental company, TCR UK. This new contract operates from 9 UK sites, 7 of which T123 already had a presence, thus further improving overhead recovery. In all we have secured approximately £10m of new future contract value to add to our already significant contracts in the airport, commercial vehicle and fire sectors.
We expect 2009/10 to be another tough year but we are now well placed to increase our revenue and strengthen our market position. There will be investment in IT systems and further development of our web based portals for the airport, fire and commercial vehicle sectors.
If you would like to receive a full copy of our accounts please contact our office or e mail
judith.fairbairn@t123.eu
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01.06.09 - T123 Sign agreement to supply Lancashire County Engineering Services
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“T123 Ltd, the Lancashire based supply chain specialist, has secured a two year agreement to supply Lancashire County Engineering Services (LCES) with a range of automotive vehicle parts to its six engineering workshops across Lancashire. LCES maintain the Lancashire County Council and Fire Brigade fleets operated throughout the county.
T123 spokesperson, Donna Bamber, Commercial Director at T123 said “this is a significant contract win with a local customer
who demands high service levels and competitive pricing”
T123 already supply automotive parts and supply chain management services to a variety of fleets including, London Fire brigade,
Servisair, British Airways and the MOD.”
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01.03.09 - T123 Sign JBT Distributor Agreement
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We are pleased to announce that T123LTD have been appointed as spare parts distributor for John Bean Technologies Ltd, the leading manufacturer of Ground support Equipment. The distribution territory includes the United Kingdom, Ireland, Europe, Middle East and Africa.
As a result of this agreement the partnership is now able to offer you the additional benefits of an online ordering system at
www.t123gse.com
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and a larger range of JBT stock throughout the UK & Europe situated at 14 strategic airport locations.
Guaranteeing same day delivery service at some airports, next
day to most major hubs throughout Europe and a two day global service,
including very competitive shipping costs. Please call Samantha Foy on
+44 (0)8450 773 123 to have your account set up.
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01.11.08 - T123 Goes Green!
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T123 has taken delivery of the first batch of 20 new low emission delivery vans.
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The vans, all with sub 120grms CO2 emissions, will reduce CO2 output by up to 50% as well as significantly
reducing fuel costs within our UK network
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01.10.08 - T123 now suppliers of Parker Fluid
Condition Monitoring System
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T123 is please to announce that we have added the Parker Fluid Condition Monitoring System to our range of Airport and GSE products. |
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The product range allows local testing of Jet Fuel to determine moisture or other contaminant levels. Fuel and hydraulic oil can be tested on the ramp using the only ATEX approved kit for testing products in hazardous environments.
The portable ACM20 Z2 unit is certified to ATEX directive 94/9/EC and EN50 021 and is defined as an A class product for Aviation. The ACM20 Lab unit is the benchmark product for hydraulic and jet fuel testing to meet the latest standards. Both units are the only designs on the market which can be fully certified and calibrated in the UK”
See our product bulletins for more information or call Francis Beckitt on +44 07850 270533 for a demonstration”
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30.06.08 - T123 Secures Global Distribution Agreement
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T123 is pleased to announce that agreement has been reached for T123 to Distribute Global De Icer parts in the UK. |
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Global's Mobile Deicer product line includes: 700-gallon, 1,200-gallon, 1500-gallon, 1,800-gallon, 2,100-gallon and 3,200-gallon models.
Global's deicers have many options to choose from and including open baskets, enclosed cab or the AirPlus!® Forced Air System. Global recently introduced the ER-2875 Extended Reach Deicer with a working height sufficient to deice the "t-tail" horizontal stabilizers on oversized commercial and military aircraft such as the new Airbus 380.
T123 will hold all popular stocks for Global De-Icer products for same day or next day delivery. Find out more about the Global range at www.globalgroundsupport.com
T123 is the leading supplier of Ground Support Equipment parts in Europe with over £2.5m of parts available from stock for all leading manufacturers.
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